Strata Wealth Advisors LLC Purchases New Holdings in Philip Morris International Inc. $PM

Strata Wealth Advisors LLC acquired a new position in Philip Morris International Inc. (NYSE:PM) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 4,083 shares of the company’s stock, valued at approximately $662,000.

A number of other hedge funds have also recently bought and sold shares of the company. Corient Private Wealth LLC boosted its position in shares of Philip Morris International by 1.2% in the 2nd quarter. Corient Private Wealth LLC now owns 490,590 shares of the company’s stock worth $89,354,000 after purchasing an additional 5,681 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Philip Morris International by 10.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock valued at $84,922,000 after purchasing an additional 51,399 shares during the last quarter. Dynasty Wealth Management LLC lifted its stake in Philip Morris International by 53.0% in the third quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock valued at $4,505,000 after buying an additional 9,622 shares during the period. Westwood Holdings Group Inc. boosted its holdings in Philip Morris International by 295.8% during the second quarter. Westwood Holdings Group Inc. now owns 67,717 shares of the company’s stock worth $12,333,000 after buying an additional 50,610 shares during the last quarter. Finally, Stratos Wealth Partners LTD. boosted its holdings in Philip Morris International by 23.6% during the third quarter. Stratos Wealth Partners LTD. now owns 43,926 shares of the company’s stock worth $7,125,000 after buying an additional 8,392 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on PM. JPMorgan Chase & Co. cut their price target on shares of Philip Morris International from $190.00 to $185.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. Jefferies Financial Group downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating and lowered their target price for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Citigroup boosted their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, UBS Group reaffirmed a “neutral” rating and set a $181.50 price objective on shares of Philip Morris International in a research note on Monday, February 9th. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $196.83.

Philip Morris International Stock Down 0.1%

Shares of NYSE:PM opened at $187.10 on Wednesday. The firm has a market cap of $291.25 billion, a price-to-earnings ratio of 25.74, a PEG ratio of 2.13 and a beta of 0.39. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $190.98. The company’s fifty day simple moving average is $171.88 and its 200 day simple moving average is $163.31.

Philip Morris International (NYSE:PM) last announced its earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.70. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The firm had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.40 billion. During the same period in the prior year, the business earned $1.55 EPS. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. Research analysts expect that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Friday, December 26th. Philip Morris International’s dividend payout ratio (DPR) is currently 80.88%.

About Philip Morris International

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.